Jumeirah benefits from tourism growth in Dubai
Jumeirah Group, the worldwide luxury hospitality company and a member of Dubai Holding, has announced its performance within the first quarter of 2013 and its mid-term growth strategy. During the 1st quarter of 2013, average occupancy in Jumeirah’s portfolio of hotels has increased by nine per cent globally, in comparison to a similar period in 2012. In a similar period the typical daily rate rose by nine per cent and the revenue per available room, an industry standard for measuring performance, rose by 22 per cent. The performance data is predicated on hotels that had greater than 18 months of operations. Speaking on the Arabian Hotel Investment Conference in Dubai, Gerald Lawless, president, Jumeirah Group, said: “The full year of 2012 and the primary four months of 2013 was an...
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